3 Things Gates Learnt From Buffett


wealthymatters

Few people in the US are more successful than Bill Gates. But that doesn’t mean the billionaire knows everything. There are still important business lessons to be learned by America’s richest man -and who better to learn them from than Gates’ friend and fellow billionaire Warren Buffett? Earlier this year Gates traveled to Omaha for Berkshire Hathaway’s annual shareholders meeting. He outlined the three most important lessons he learned from Buffett.

Look at the Big Picture

When Gates first met Buffett, his immediate instinct was to focus on the surface of his success: picking and investing in stocks. But Gates quickly learned that key to Buffett’s success runs much deeper -it’s about the big picture of a business. “He has a whole framework for business thinking that is very powerful,“ Gates writes.

Be Honest with Shareholders Read more of this post

The Rise Of Asia


Billionaire Cities

Better Than Yesterday


Dr Anji Reddy

Sara Blakely Of Spanx


wealthymatters

Sara Blakely was 27, working for Danka , selling fax machines door-to-door when one day she had her ‘a-ha’ moment. She was going to a party and needed footless pantyhose to go with her outfit, so she cut the ‘feet’ off her pantyhose. And Bam! Problem solved! Somewhere in there, she’d been praying to ‘the universe’ to give her an idea that would help her make millions and touch people’s lives. She’d abandoned the idea, but when she was watching the Oprah show and heard Opera say that she too cut off the feet of her pantyhose, the spark was rekindled, almost as a confirmation that she should go ahead with her idea.

When Sara began to research undergarments for women and how they’d been made for the last 50 years, she was astonished.  From the absurd sizing protocols (only one average waist measure was used on all the products, regardless of the size of the garment), to how products were tested (on manikins not real people), Sara saw that the undergarment industry needed a female perspective – insights from a real woman wearing these items to shape the product development direction so the products were useful, effective, and as comfortable as possible.  She broke the mold, and developed a completely new approach to developing women’s undergarments. Read more of this post

Eric Sprott – Find Of The Day


wealthymattersMy find of the day was the works of the billionaire hedge fund manager Eric Sprott. You can read them here:Link.

A good post you could start with is this :Link

Whether you agree with his conclusions or not, you are bound to benefit from being aware of the source materials he refers to.

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